Aramco signs 15 Mous worth $34bn

Saudi Aramco par­tic­i­pated as a strate­gic spon­sor in the sec­ond an­nual Fu­ture In­vest­ment Ini­tia­tive (FII) 2018, a key gath­er­ing of se­nior global and do­mes­tic busi­ness and pol­icy lead­ers held in Riyadh

Refining & Petrochemicals Middle East - - NEWS -

The Fu­ture In­vest­ment Ini­tia­tive was an oc­ca­sion for do­mes­tic and global in­flu­encers to en­gage in dis­cus­sions on a wide range of top­ics re­lated to the king­dom’s econ­omy, and the op­por­tu­ni­ties for busi­ness col­lab­o­ra­tion be­tween Saudi and in­ter­na­tional busi­ness en­ti­ties from sev­eral eco­nomic sec­tors.

Com­ment­ing on the com­pany’s par­tic­i­pa­tion at FII, Amin Nasser, pres­i­dent and chief ex­ec­u­tive of­fi­cer, Saudi Aramco, said: “Saudi Aramco is proud to be a strate­gic part­ner in the Fu­ture In­vest­ment Ini­tia­tive. We seek to be an ac­tive par­tic­i­pant in the de­sign of the eco­nomic fu­ture and stand­ing of the king­dom, not only do­mes­ti­cally but also in­ter­na­tion­ally.”

“The com­pany is a lead­ing sup­porter of Saudi Vi­sion 2030 by help­ing to diver­sify the lo­cal econ­omy, adding more value do­mes­ti­cally, as­sist­ing in king­dom in­dus­tri­al­i­sa­tion, pro­mot­ing job cre­ation, help­ing in na­tional ca­pac­ity build­ing, and pro­mot­ing en­trepreneur­ship.”

“The Fu­ture In­vest­ment Ini­tia­tive is an ideal and ben­e­fi­cial plat­form to at­tract in­ter­na­tional in­vest­ments and to cap­i­talise on new op­por­tu­ni­ties that are fast emerg­ing with Saudi Vi­sion 2030,” Nasser added.

Amin Nasser (left), pres­i­dent and CEO, Saudi Aramco, With Pa­trick Pouyanné, CEO of To­tal, at the Fu­ture In­vest­ment Ini­tia­tive 2018, held in Riyadh.

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